{"id":8360,"date":"2025-01-18T02:18:28","date_gmt":"2025-01-18T02:18:28","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8360"},"modified":"2025-01-18T02:18:28","modified_gmt":"2025-01-18T02:18:28","slug":"trump-backed-world-liberty-financial-to-acquire-trx-for-its-treasury-source","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8360","title":{"rendered":"Trump-Backed World Liberty Financial to Acquire TRX for its Treasury: Source"},"content":{"rendered":"<div>\n<p>World Liberty Financial, the crypto project backed by the family of U.S. President-elect Donald Trump, plans to acquire tron (TRX) tokens for its treasury, according to a person familiar with the matter.<\/p>\n<p>The prospective move would deepen World Liberty Financial&#8217;s close ties to the Tron empire. Its founder Justin Sun already advises Trump&#8217;s crypto project. He&#8217;s also single-largest holder of its WLFI token, <a href=\"https:\/\/www.coindesk.com\/business\/2024\/11\/25\/trumps-sluggish-de-fi-project-gets-a-big-boost-from-justin-suns-30-m-token-purchase\" target=\"_blank\">having bought $30 million in November<\/a>. <\/p>\n<p>It&#8217;s not clear how much TRX World Liberty plans to add to its reserve of cryptocurrencies. World Liberty&#8217;s raised $90 million from sales of WLFI. Its previously parked seven-figure sums in AAVE and LINK, tokens issued by projects World Liberty&#8217;s partnered with. <\/p>\n<p>Trump is officially the &#8220;chief crypto advocate&#8221; of World Liberty Financial, which plans to offer crypto-financial services to the masses. His imminent return to the White House is being heralded as a watershed moment for the crypto industry.<\/p>\n<p>Tron&#8217;s along for the ride. A delegation from the project is slated to attend the inauguration on Monday. Tron also sponsored the industry&#8217;s inaugural gala, the &#8220;crypto ball&#8221; on Friday night in Washington, D.C, a source told CoinDesk.<\/p>\n<p>Trump&#8217;s team didn&#8217;t immediately respond to a request for comment, and neither did World Liberty Financial.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>World Liberty Financial, the crypto project backed by the family of U.S. President-elect Donald Trump, plans to acquire tron (TRX) tokens for its treasury, according to a person familiar with the matter. The prospective move would deepen World Liberty Financial&#8217;s close ties to the Tron empire. Its founder Justin Sun already advises Trump&#8217;s crypto project. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8360","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8360"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8360\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}